About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Core Viewpoint - Fitzroy Minerals Inc. has successfully closed the first tranche of its non-brokered private placement, raising approximately $5 million through the issuance of 16,666,667 common shares at a price of $0.30 per share, with plans to raise up to $12 million in total from the LIFE Offering [1][2]. Group 1: Private Placement Details - The LIFE Offering is expected to consist of shares issued at $0.30 each, aiming for total gross proceeds of up to $12 million, with a minimum offering amount of $8 million [2]. - The offering is conducted under the listed issuer financing exemption and will not have a hold period under Canadian securities laws [3]. - A concurrent non-brokered private placement is planned for up to $1 million through the issuance of 3,333,333 shares at the same price of $0.30 per share [4]. Group 2: Use of Proceeds - The gross proceeds from the Private Placement will be allocated for exploration activities and property commitments on the Buen Retiro and Caballos projects, general administrative costs, and working capital [5]. Group 3: Finder's Fees and Insider Participation - In connection with the first tranche, the company will pay $400,000 in cash finder's fees and issue 1,333,332 finder's warrants, each exercisable at $0.50 for two years [7]. - Insider participation in the Concurrent Offering is anticipated, which may be considered a related party transaction but will be exempt from formal valuation and minority shareholder approval requirements [8][9]. Group 4: Company Overview - Fitzroy Minerals focuses on exploring and developing mineral assets in the Americas, with projects including Buen Retiro, Caballos, Taquetren, and Cariboo [11].

Core Insights - Ridgeline Minerals Corp. has announced assay results and drilling updates for its Big Blue and Atlas projects, highlighting high-grade mineralization in the Big Blue project [1][2][3] Big Blue Project - The Big Blue project includes three core holes totaling 2,072 meters, targeting induced polarization (IP) geophysical anomalies for high-grade copper-gold skarn and porphyry targets [3] - A significant intercept was reported in hole BB25-003, which returned 0.6 meters grading 0.7% Cu, 3,194 g/t Ag, and 2.6% W, equivalent to 35.3% copper equivalent, starting at a depth of 675.7 meters [4][5] - The Delker Mine corridor, which is part of the Big Blue project, shows high-grade mineralization extending over 500 meters beneath the historic mine and remains open for further exploration [2][4] Atlas Project - The Atlas project involved two core holes totaling 551 meters, aimed at testing for oxide gold mineralization within Pennsylvanian to Permian age limestones and conglomerates [6][18] - Initial results indicate potential for gold mineralization similar to the nearby Dark Star deposit, with observed Carlin-Type alteration and oxide mineralization down to approximately 200 meters [8][18] Future Exploration Plans - The company plans to continue drilling across its other projects, including Selena, Swift, and Black Ridge, with funding secured from partners for the latter three projects [2][19] - The exploration strategy will be refined based on the new drill data, particularly for the Ohio target, which has shown high-grade rock chip samples [5][6]

Core Viewpoint - Pacific Bay Minerals Ltd. is initiating a non-brokered private placement to raise up to $2,000,000 through the sale of 20,000,000 units at a price of $0.10 per unit [1][3] Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.15 per share for 24 months [2] - The company may pay finder's fees of 7% cash and 7% finder's warrants on completed subscriptions, subject to TSX Venture Exchange policies [3] - The offering is expected to close around July 17, 2025, pending regulatory approvals [3] Group 2: Use of Proceeds - Net proceeds will primarily fund the acquisition of the Pereira-Velho Gold Project in Brazil and early-stage exploration [4] - Remaining funds may support exploration on Canadian assets and general corporate activities [4] Group 3: Insider Participation - Certain insiders may participate in the offering, which will be treated as a related party transaction under TSX Venture Exchange Policy 5.9 [5] - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements [5] Group 4: Management Changes - Elton Pereira has transitioned to the role of Country Manager, Brazil, aligning with the company's focus on the Pereira-Velho Gold Project [7] Group 5: Company Overview - Pacific Bay Minerals is a Canadian mineral exploration company focused on acquiring, exploring, and developing mining projects, particularly the Pereira-Velho Gold Project in Brazil [8]

Core Insights - Kenorland Minerals and Auranova Resources have reported significant assay results from the 2025 Winter drill program at the South Uchi Project in Ontario, confirming a new gold system with widespread mineralization [1][4][6] - Auranova has completed the initial earn-in under the South Uchi option agreement, acquiring a 51% ownership interest in the Project [1][14] Drill Results - A total of 27 diamond drill holes were completed, totaling 14,365 meters, with 25 of 27 holes (93%) intersecting gold intervals of at least 0.1 g/t Au [4][7] - Notably, 15 of 27 holes (56%) intersected intervals of at least 1.00 g/t Au, and 6 of 27 holes (22%) intersected intervals of at least 5.00 g/t Au, with the highest grade intercept recorded at 14.60 g/t Au over 1.00 meter [4][10] - The mineralized corridor remains open in all directions, indicating potential for further discoveries [4][10] Project Overview - The South Uchi Project is located in the Red Lake District and covers an area with significant geological potential for gold mineralization, previously under-explored [19][21] - The project area features multiple major east-west striking deformation zones, which are favorable for orogenic gold mineralization [19][21] Future Plans - A follow-up Phase 2 drill program is planned for late summer 2025, with up to 5,000 meters of drilling aimed at expanding the newly discovered gold-bearing structural corridor [13][14] - The next phase will focus on tighter step-outs around the most promising drill holes to further assess the mineralization potential [13][14]

Core Insights - Kenorland Minerals and Auranova Resources have reported significant assay results from the 2025 Winter drill program at the South Uchi Project in Ontario, confirming a new gold system with widespread mineralization [1][4] - Auranova has completed the initial earn-in under the South Uchi option agreement, acquiring a 51% ownership interest in the Project [1][14] Drill Results - A total of 27 diamond drill holes were completed, totaling 14,365 meters, with 25 of 27 holes (93%) intersecting gold intervals of at least 0.1 g/t Au [4][7] - 15 of 27 holes (56%) intersected intervals of at least 1.00 g/t Au, and 6 of 27 holes (22%) intersected intervals of at least 5.00 g/t Au, with the highest grade intercept recorded at 14.60 g/t Au over 1.00 meter [4][10] - The mineralized corridor remains open in all directions, indicating potential for further exploration [4][10] Project Background - The South Uchi Project was identified by Kenorland based on its prospectivity for significant gold mineralized systems, covering a portion of the Confederation Assemblage volcanic rocks [19] - Prior to Kenorland's exploration, the area had little to no systematic exploration or documented gold occurrences [7][19] Future Plans - A Phase 2 drill program is scheduled for late summer 2025, aiming to expand on the newly discovered gold-bearing structural corridor identified in the initial drill program [13][10] - The follow-up drilling will focus on areas around drill hole 25PADD023 and the east-west trending deformation zone between drill holes 25PADD016 and 25PADD023 [13][10] Financial Aspects - As part of the earn-in agreement, Kenorland has received $500,000 in cash and 9,242,267 common shares of Auranova [14][21] - Auranova may earn an additional 19% interest, totaling 70%, by incurring an additional $10,000,000 in qualifying expenditures [21]

Company Overview - Ramaco Resources, Inc. operates and develops high-quality, low-cost metallurgical coal in southern West Virginia and southwestern Virginia, and is also a developing producer of coal, rare earth, and critical minerals in Wyoming [1] - The company has four active metallurgical coal mining complexes in Central Appalachia and one coal mine and rare earth development project near Sheridan, Wyoming, which is in the initial stages of production [1] - In 2023, a major deposit of primary magnetic rare earths and critical minerals was discovered at the Wyoming mine [1] Intellectual Property and Research - Ramaco Resources holds approximately 76 intellectual property patents, pending applications, exclusive licensing agreements, and various trademarks related to its operations [1] - The company operates a carbon research and pilot facility focused on producing advanced carbon products and materials from coal [1] Communication and Investor Relations - Additional information about Ramaco Resources, including filings with the Securities and Exchange Commission, is available on its website [1] - Investor relations can be contacted via email or phone for further inquiries [2]

Core Viewpoint - Atomic Minerals Corporation has received TSX Venture Exchange approval to finalize a share exchange agreement for acquiring uranium properties in Quebec and Saskatchewan, which aligns with the company's strategy to enhance its uranium portfolio amid rising uranium prices [1][2]. Group 1: Acquisition Details - The company has entered into a share exchange agreement with Stratigraphic Capital Corp., acquiring 40 mineral concessions covering 2,351 hectares in Quebec's Mont-Laurier Uranium Property [1][3]. - As part of the transaction, Atomic Minerals issued 8,000,000 common shares at a deemed price of $0.015 per share, totaling $120,000, with a resale restriction of six months [4][5]. - The Saskatchewan Property consists of two mineral claims totaling approximately 5,355 hectares, with the company acquiring a 100% interest through an option agreement [6][8]. Group 2: Exploration Potential - The Mont-Laurier Uranium Property is located in a historically significant radioactive district, with previous exploration indicating low-grade uranium mineralization [3][7]. - The company plans to finalize exploration plans for both the Mont-Laurier and Saskatchewan properties, with activities expected to commence shortly [7]. Group 3: Financial Considerations - For the Saskatchewan Property option, Atomic Minerals issued 5,500,000 common shares at a deemed price of $0.015 per share, amounting to $82,500, and intends to pay an additional $50,000 in cash within three years [8][9]. - The company also has the option to purchase a 3% net smelter return royalty by issuing an additional 5,500,000 shares, subject to TSXV acceptance [9]. Group 4: Company Overview - Atomic Minerals Corporation is a publicly listed exploration company on the TSXV, focusing on identifying uranium exploration opportunities in underexplored regions with geological similarities to known uranium deposits [11][12]. - The company's portfolio includes uranium projects in three North American locations, with a historical production of 597 million pounds of U3O8 in the Colorado Plateau and additional projects in the Athabasca Basin [12].

Company Overview - Canadian Critical Minerals Inc. (CCMI) is a mining company focused on copper production assets in Canada [2] - The main asset of CCMI is the Bull River Mine project, which contains 150 million lbs of copper, located near Cranbrook, British Columbia [2] - CCMI also holds a 10% interest in XXIX Metal Corp., which owns the Thierry copper project in Ontario and the Opemiska copper project in Quebec [2] Stock Option Grant - CCMI has granted 8,000,000 incentive stock options at an exercise price of $0.05 per share [1] - The stock options have an expiry date of three years from the date of issue and are granted to certain directors, officers, and employees of the company [1]

Core Viewpoint - Fidelity Minerals Corp. is set to consolidate its common shares on a 1-for-5 basis, effective June 30, 2025, reducing the number of outstanding shares from approximately 108.65 million to about 21.73 million [1]. Share Consolidation Details - The consolidation will result in the issuance of one new share for every five existing shares, with the new CUSIP number being 31622P305 and the new ISIN CA31622P3051 for the post-consolidated shares [1]. - Holders of uncertificated shares will have their accounts electronically adjusted by the Company's transfer agent or their brokerage firms, requiring no additional action from them [2]. - Registered shareholders with physical share certificates will receive a letter of transmittal instructing them to surrender their certificates for new ones representing their post-consolidation shares [3]. Company Overview - Fidelity Minerals Corp. has a portfolio of high-quality mining assets in Peru and Canada, focusing on large-scale copper and gold projects [4]. - The Company is currently assessing the Sunsets Project in British Columbia and advancing the Las Huaquillas project, which involves gold, copper, and silver in Northern Peru [4]. - Fidelity also holds a 25% interest in the Florina Greensands project, which is a potential resource for low-chloride potassium fertilizer [4]. - The Company aims to opportunistically expand its project portfolio through accretive acquisitions and is supported by an experienced management team and committed investors [4].